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Image source: Getty Images. 1. The cost-of-living adjustment. Seniors get a bump in their Social Security benefit every year called the cost-of-living adjustment ().The 2025 COLA of 2.5% was ...
3. The wage cap for Social Security taxes is going up. Social Security is funded primarily by payroll taxes. Each year, there's a wage cap set that dictates how much income gets taxed for Social ...
Read on to learn about three important changes coming to Social Security in 2025. Two Social Security cards lying atop a hundred-dollar bill. Image source: Getty Images. 1. Social Security ...
On Oct. 10, the Social Security Administration (SSA) will be set to announce a number of key changes to the program -- changes that could impact you even if you're not yet collecting benefits ...
Image source: Getty Images. 1. Social Security benefits are rising by 2.5%. Each year, Social Security benefits are eligible for an automatic cost-of-living adjustment, or COLA.
Here are three changes coming to Social Security in 2205 that may surprise retirees. Two Social Security cards sitting atop U.S. currency. Image source: Getty Images.
Image source: Getty Images. 1. Social Security benefits will get a boost, thanks to COLA. I'll kick off next year's Social Security changes with one of the most anticipated updates -- the annual ...
Here's a change that applies to people who are still working, as well as those about to start collecting Social Security. In 2025, the contribution and benefit base is rising to $176,100 from the ...